Annette Chai and the estate of Peter Chai have listed for sale a four-bedroom, 3.5-bath home at 10391 E. Addy Way in Scottsdale for $1.599 million.

The 4,033-square-foot home in the Mirabel Village subdivision was built in 2006. Diane Denton of Russ Lyon Sotheby's International Realty is the agent for the listing.

Mr. Chai was an analyst at Lehman Bros. and Morgan Stanley.

He died in June 2009.

According to BlockShopper.com, there were 3,592 sales in Scottsdale in 2008, with a median sales price of $320,000.

Address: 10391 East Addy Wy
Buyer(s): Mack Shumate and Patricia Shumate
Seller(s): Annette Lee Chai
Sale date: Oct. 25, 2011